B Lab Company

“The form 990 was prepared by outside accountants and reviewed by the board prior to filing with the irs.”

“The conflict of interest applies to any director, principal officer or member of a committee with governing board delegated powers (voting and non-voting). To enforce this policy, the organization requires annual disclosure and interim monitoring throughout the year. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it informs the member of the basis for such belief and affords the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it takes appropriate disciplinary and corrective action.”

“The compensation process for the top official of the company includes a independent compensation committee that reviews that performance of the executives. Adjustments are also based on that review and by performance market surveys of compensation paid to executives of similar type and size organizations. The compensation was discussed and documented. The last compensation review took place in july 2022. The process for other officers and key employees includes the same review as the top management officials.”

“Governing documents, conflict of interest and financial statements are available to the public upon request.”

“Payroll: program service expenses 0. Management and general expenses 43,312. Fundraising expenses 0. Total expenses 43,312. Comms: program service expenses 178,906. Management and general expenses 0. Fundraising expenses 0. Total expenses 178,906. Justice, equity, diversiy & inclusion: program service expenses 125,987. Management and general expenses 0. Fundraising expenses 0. Total expenses 125,987. Climate advisory: program service expenses 90,497. Management and general expenses 0. Fundraising expenses 0. Total expenses 90,497. Event management: program service expenses 257,871. Management and general expenses 0. Fundraising expenses 0. Total expenses 257,871. Interpreting and translation: program service expenses 52,672. Management and general expenses 0. Fundraising expenses 0. Total expenses 52,672. Verification services: program service expenses 1,931,988. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,931,988. Strategic advisory: program service expenses 260,622. Management and general expenses 280,432. Fundraising expenses 0. Total expenses 541,054. Community engagement: program service expenses 1,167,053. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,167,053. Other contracted services: program service expenses 0. Management and general expenses 86,437. Fundraising expenses 9,885. Total expenses 96,322.”

“Exchange rate loss -90,779.”